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20130124
20130201
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MSNBCW 19
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English 19
Search Results 0 to 18 of about 19 (some duplicates have been removed)
be fun to use a government shutdown or a debt ceiling crisis to force further cuts. you guys sure know how to show a gal a good time. there's no question over the long term we have to balance budgets and pay down our debts, but short-term deficit hawkishness is hurting us badly right now. our problem is not relief for storm victims or federal money for family planning services, it's a tax base that's too low to support rising health care costs and an aging population over the long term. let's deal with those problems over the long term. but for now, congress, how about we just try to avoid shooting ourselves in the foot. i know blaming government for a lack of spending is not the type of blaming government that the gop usually enjoys, but in lean times it's the only type of blaming government that we can afford. you know what would really be great is some stimulus, but you understand that's probably too much to ask for. so for now let's just keep the government from reversing the private sector-led recovery that is already under way. all right. that does it for us here at the cycle and
the debt ceiling. >> the ayes are 245, the nays, 144. >> up until now, they have been about politics. >> the american people won't accept an increase in the debt limit without significant spending cuts. >> if we don't cut spending. >> it hands the president his second major win. >> republicans have come to our new majority to fix what is wrong. >> there is an amazing amount of soul-searching going on. >> my friends it was a puke fest. >> they blinked, we welcomed the outcome of their retreat. >> nothing exposes congressional ignorance and incompetent actions better than a congressional hearing. you actually have to know something to sound impressive in a congressional hearing. it is not just reading speeches, it is interactive. asking a question of the chairman of the federal reserve or making any kind of statement to him when he is actually there to respond is a grand opportunity to look and sound like an idiot. an opportunity that many senators and house members have taken over the years. witnesses at congressional hearings in the house and the senate tend to know a little more, in
raised the debt ceiling, it would be $1 for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a bipartisan effort. look, if you look at the goal, we've got to get our fiscal house in order, we've got to balance the budget, and in order to do that, the senate actually has to produce a budget, which they haven't done in nearly four years. the house has had budgets for each of the last two years that actually get to balance. so what we did, in this bill, is to say to the senate, look, you've got to do a budget. families do budgets, businesses do budgets, employers do budgets. the senate has not done a budget in nearly four years, so this is the challenge for t
scheme. now that the debt ceiling is gone, that has become their plan a, the best shot at getting spending cuts. the problem is that their plan a has the most boring name of really any policy in washington, the sequester. but you need to know about it to follow what is going to happen in the next couple of months in d.c. i am not going to use the "s" word, i'm going to call it big, dumb, very, very liberal, friendly spending cuts. but before we rename it you need to hear our speaker, john boehner on the subject. >> the deadline, obviously, is the sequester, have you had any conversation with the president or harry reid about that so far? >> i have not. the sequester is going to go into effect on march first unless there are cuts and reforms to get us on a plan to balance the budget in the next ten years, it is as simple as that. >> mr. boehner told the board that the sequester is as much leverage as we're going to get, quote. he meant it to sound reassuring to conservatives, like that is fine, we don't need the debt ceiling, we have the big spending cuts, democrats will never allo
, like that is fine, we don't need the debt ceiling, we have the big spending cuts, democrats will never allow those. i can't see why they're reassured. to see this as a deal, you have to remember where they were when they created the cuts in the first place, back in the 2011 fight. the way we got out of that mess, we kicked the can down the road and formed the super committee. you remember the super committee, the bipartisan group of legislators are charged with finding 1.2 trillion in deficit reduction, that was plan b to the super committee, if they failed, which they did, the sequester would cut the deficit by the same 1.2 trillion, but it would do it right away, and in such a mindless, painful dumb way that neither party could live with it. it was meant, then to force the parties to make the deal. punishment. and that was an obvious design, you build half the sequester out of tax increases, which republicans hate, and then the other out of spending cuts which democrats hate. but republicans refused to vote for anything with taxes in it. even though the whole policy was they were not
increase in this debt ceiling we have to have a dollar in cuts to match that. the president said earlier this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney i'm not going away. tell me. >> certainly was a little different. he came in to toub this weekend for the alfalfa dinner. we hadn't seen a lot from mitt romney since he lost in november. he to told donors that it was purposeful. he is not going anywhere. he will be active in 2013 and 2014s and in terms of 2016. although some sources said his personal ambition for public office are over. >> good to see you both today. thank you so much. >> thank you, t.j. >>> to the weather, the midwest is facing an ice threat. winter storm is dropping snow and freezing rain expected to bring icy conditions. power outages and travel delays
is that this idea that there is a deficit crisis and we're going to be greece if we don't breach the debt ceiling and impose budgets that cut the government 40% in ten years, the idea behind those crisis mongers is that we have to slash the heck out of social insurance, out of programs that provide educational opportunities for poor people, out of things that push back against economic inequality. we can't afford it. we must cut them. the crisis dictates it. if there is no crisis and, as krugman and i argue, there is no crisis, if there is no crisis, they're just out there in nowhere land by themselves, by the way, without the majority of the electorate behind them. >> very briefly, jared, if you can, eric cantor says taxes are done, no taxes, so i guess another stalemate to come on that? >> i see -- it's hard to see how the budget that's going to come out of the senate, and i think patty murray is going to do a very good job on that, is going to reconcile with the kind of budgets we're looking at. >> jared bernstein who absolutely deserves the nobel peace prize, thank you, sir, thank you for joi
passes the debt ceiling bill this week. but republicans increasingly believe that the $1.2 trillion in automatic spending cuts in the sequester are going to happen come march 1st. >> we think these sequesters will happen, because the democrats have opposed our efforts to replace those cuts with others and they've offered no alternatives. >> house speaker john boehner recently told "the wall street journal" that the sequester, quote, is as much leverage as we're going to get. but does the gop actually stand to lose more than it gains? i'm joined by "washington post" columnist, and msnbc policy analyst, ezra klein, who has written about this. good morning, ezra. >> good morning. >> in one of your columns, you wrote that republicans are wrong to think that the sequester gives them leverage. what's your reasoning? >> it's just become a somewhat bizarre conversation. look, you have to go back. the sequester, it's a very weird, kind of boring word. it comes out of the debt ceiling deal in 2011 and it was the backup to the supercommittee. and way it was designed, it was originally supposed
that will hurt our economy. so on top of keeping this debt ceiling cloud over the economy, they're talking about these across-the-board meat ax cuts that will also hurt the economy, when we should be focused on jobs and economic growth. >> congressman chris van hollen, good to have you with us tonight on "the ed show." >> good to be with you. thank you. >> there is a lot more coming up in the next half hour of "the ed show." stay with us. ted nugent goes off the deep end. >> the barack obama gang attempting to reimplement the tyranny of king george. >> we'll show you what he and his buddies will be up against. >>> we all pay a transaction tax every day, but not the fat cats on wall street. david cay johnston tells us how it could make a dig difference. >>> and next, vermont senator bernie sanders will tell us if the senate filibuster rules are about to change. a writer and a performer. i'm also a survivor of ovarian and uterine cancers. i even wrote a play about that. my symptoms were a pain in my abdomen and periods that were heavier and longer than usual for me. if you have symptoms that last
't lose those spending cuts. that was to pay for the last debt ceiling increase, let aloney future increases. we're not interested in shutting government down. what happens on march 1, spending goes down automatically. march 27th is when the moment you're talking about, the continuing resolution expires. we are more than happy to keep spending at those levels going on into the future while we debate how to balance the budget, how to grow the economy, how to create economic opportunity. >> all right. now let's put this in context and think about what congressman ryan from wisconsin is really saying. republicans backed off their debt limit threat because they knew it was a political loser. and now they seem to be backing off their threat to shut down the government. sequester? well, that's another matter. if congress does nothing, the cuts take effect. republicans don't want defense cuts, but they might be willing to stomach those cuts because domestic programs would also get slashed, including medicare. and that's what republicans really want. let's turn to barney frank, former mass
approved the debt ceiling deadline without a fight but did so without making usual demands for spending cuts. before you get too comfortable with that, think again. that debt limit increase is only a temporary three-month stopgap measure to give them more time for a budget resolution in the senate and a bigger budget battle ahead which brings me to the ducks. one lame duck to be precise. ever seen a lame duck? they can't fly far. they are lucky if they get off the ground. last week, president obama laid out his fight plan for the heights of to which he hopes to soar in his second term. his agenda may never find its wings if it is stymied in the tangle of capitol hill gridlock. a seemingly endless series of cliffs, ceilings sequesters and showdowns. the upcoming budget fight is only the first of many. remember the fiscal cliff? well, it never really went away. it was postponed for a couple months. we have the threat of automatic spending cuts looming over our heads march 1s. government shutdown on the 27th. we'll need a new spending bill to keep it going. mark your calendars march 19th w
to fight all over again on this and maybe threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester because the republicans reordered the way that these things are going to fall on the calendar. the sequester is those automatic spending cuts. billions -- tens of billions of dollars just this year in spending cuts. the republicans would like to have some kind of spending cut win this year, and that might be their only opportunity to get one, so you can see them hunkering in and saying, you know, we're going take the hit on defense spending cuts, but we're going to get spending cuts here by hook or by crook, and for democrats they might say, you know, we would rather lose
having about the fiscal cliff and the debt ceiling. the american economy somebody very important to the global economy. we cannot have the kind of nonsense we've had going on in the building behind me and think that that's going to be either good foreign policy or economic policy for around the globe, not just here at home. i think he was trying to remind people we do live in a global economy. it is interconnected and that that does impact our foreign policy and our defenses. >> it clearly does. michael, the outgoing secretary of state said, and i'm quoting her, we are facing a spreading hi hjihadist threat across nort africa. is it your view that the attack on the consulate in libya, the hostage taking at that gas plant in algeria, and the conflict in mali mean that north africa is now the main front for islamic terrorism and how does a new secretary of state confront this? >> great question. i don't know that i would say it's the main front, but it is certainly a serious front and a serious set of interlocked issues. one thing we have to debate on libya, because i've been perp
, chris. we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this across the board budget ax. we're going to come back, we're going to rethink this and we're going to try to get those savings in a more -- in a smarter way. and that hope as it were is pretty much shot now when you talk to the republicans and democrats in the congress. republicans believe many of the deficit hawks out there believe this is the best chance they have for cutting spending. it's going to become law on march 1st. it's already on the way to taking effect. and democrats are happy to replace some of those cuts, particularly in the military side, but they want to do it with tax inc
Search Results 0 to 18 of about 19 (some duplicates have been removed)